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Rieter AGM 2024: Shareholders back board changes

 

Rieter's Annual General Meeting 2024 saw resounding approval from shareholders as they endorsed all proposals put forth by the Board of Directors. The meeting, attended by representatives constituting 68.7 per cent of the share capital, marked significant developments including the distribution of a CHF 3.00 per share dividend and pivotal changes in board leadership.

Thomas Oetterli's appointment as the new Chairman of the Board of Directors, succeeding Bernhard Jucker, stood out prominently. Jennifer Maag's inclusion as a new member of the board added further depth to Rieter's leadership team.

Key decisions included the formal acceptance of the Remuneration Report 2023 and future remuneration plans for the Board of Directors and the Group Executive Committee. Shareholders also greenlit amendments to the Articles of Association, underscoring their confidence in Rieter's strategic direction.

Furthermore, the re-election of existing board members and the addition of Daniel Grieder to the Remuneration Committee highlighted a commitment to continuity and expertise within governance structures.

Overall, Rieter's AGM reflected shareholder optimism, emphasizing stability and strategic evolution within the company's leadership and governance framework.

 

 
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